photo paperwork woman

Save Money by Refinancing

Thinking of refinancing your home? We've helped many homeowners discover the benefits of refinancing. Reasons people refinance often include:
 
  • Lower your monthly payment
  • Pay off your loan faster***
  • Get cash out of your home's equity****

Our goal is to help you find a refinance option that best fits your lifestyle and budget.

Home refinances made easy.

When you refinance your home with UHCU, you get the best of both worlds - low rates and exceptional service. We will work with you every step of the way.

  • Competitive, low rates
  • Personalized service
  • Quick and convenient loan closings 
  • Assistance navigating the home refinancing process
Get Started Today
Cancel

Have Questions?

We're here to help.

To speak to a UHCU home loan specialist, give us a call at 512.435.4444.
Monday-Friday: 8:00 AM - 6:00 PM
Saturday: 9:00 AM - 2:00 PM

Home Loan Insights & Advice

6 Budget-Friendly Upgrades to Boost Your Home’s Value
6 Budget-Friendly Upgrades to Boost Your Home’s Value

There are only a few weeks left before summer officially begins and if you’re planning on selling your home soon, you should consider devoting some time to small, inexpensive weekend projects that could really pay off.  We’ve compiled a list of low-cost tweaks that might increase your home’s value and help your property sell faster. Even if you’re not planning to sell, these are great tips to give your house a fresh look.

Read More
Why You Should House Hunt in the Winter
Why You Should House Hunt in the Winter

When we think of going house hunting, we tend to picture sunny skies and spring time, not cold and dreary days. Don’t let that scare you, as there are actually several advantages to house hunting in the winter.

Read More
Six Helpful Tips for Buying a Home
Six Helpful Tips for Buying a Home

When it comes to purchasing a new home, using the assistance of experienced UHCU Loan Specialists who know the process inside and out can help make the experience smooth and free of unnecessary stress. Here you’ll find a list of 6 tips and tactics for buying your home. 

Read More
Mortgage Terms and Disclosures: Learning a New Language
Mortgage Terms and Disclosures: Learning a New Language

Purchasing a new home can be as exciting as it is intimidating. In addition to the numerous loan options and payment structures, there are mortgage-related words and terms that might be new to some. But don’t fret. We’ve provided a guide to some of the most frequently used terms to help you along the way.

Read More
Expect the Unexpected: The Costs of Buying a House
Expect the Unexpected: The Costs of Buying a House

A first-time homebuyer could easily overlook fees and expenses that come when purchasing a home. That’s why it’s important to learn about all of the costs you will have to budget for. Here are 4 costs to consider when buying a home.

Read More
Down and Detailed: All About Down Payments
Down and Detailed: All About Down Payments

Purchasing a home for the first time is a major financial milestone. Along the way, you’re bound to have questions. How much money will I need to put down? How will my down payment affect my mortgage payments? All great questions and fortunately, there are many options and choices for every kind of homebuyer.

Read More
3 Must-Dos Before Buying a Home in Austin
3 Must-Dos Before Buying a Home in Austin

With an average list price of $414,563 for a four-bedroom, two-bathroom house, Austin-area homes are the most expensive in the Lone Star State. Check out these money-saving tips to ensure you don't overstretch your budget when buying a home in Texas' capital city.

Read More
5 Factors that Influence Your Mortgage Interest Rate
5 Factors that Influence Your Mortgage Interest Rate

If you're in the market for a new home, you're also in the market for a mortgage loan. And when it comes to loans of any type, it's key to work with a lender you trust. That's why it's important to understand how your interest rate is determined and the factors that affect your final rate. When shopping for mortgage loans, consider these five factors and how they might influence your rate.

Read More
First-Time Homebuyer: 10 Steps to Homeownership
First-Time Homebuyer: 10 Steps to Homeownership

Buying a home is an exciting experience, but it can also be overwhelming. It will probably be the single largest purchase you ever make and it requires thoughtful planning. Therefore, all first-time homebuyers should take a few things into consideration before they head down the path of homeownership. Here are ten important steps to follow when purchasing a new house.

Read More
How Much House Can You Afford?
How Much House Can You Afford?

If you’re like most Americans, the question isn’t, “Am I going to finance my new home?” But rather, “What mortgage payment can I afford?”  Before you begin hunting for a new house, there are many factors to consider. 

Read More

Frequently Asked Questions

Borrowing

After the loan closing, how long will it be before funds are disbursed?

The timing of disbursed funds depends on the type of the loan.  Purchase loans and non owner occupied refinances often fund the same day as closing, while primary residence refinances and home equity loans have a 3 day waiting period prior to disbursement. 

How long does the pre-qualification process take?

A pre-qualification can be completed in as little as an hour depending on the complexity of your situation.

I received a letter about insurance on my home. What do I need to do?

United Heritage requires collateralized loans maintain appropriate insurance coverage. Please contact us to review your loan. In most cases, you will need to provide the updated insurance on your property.

What are the advantages of a Home Equity Line of Credit (HELOC)?

Home equity line of credit, or HELOC, programs allow borrowers to access funds on established lines of credit as needed, facilitating the ability to better manage funds and minimize interest costs. The HELOC option also allows for flexible repayment options, which means more affordable payments for the home equity borrower. Home Equity Line of Credit, or HELOC, program draw period (or initial period) requires interest only payments on the amount advanced on the line reducing the minimum monthly payment and interest paid compared to interest on the full available line. Increased access to funds and repayment options, combined with the lower interest rates and potential tax savings associated with all home equity options, make the HELOC program an attractive option to borrowing for many Texas homeowners.

What should I do if my home has sustained damage?

If United Heritage is the mortgage servicer on your property, we are the named mortgagee on your insurance proceeds check. The interest that we hold in the property allows us to oversee the repairs and disburse the insurance funds accordingly. In most instances the funds will be disbursed to you in 1/3 increments to cover the cost of the repairs as they are completed.

For larger damage claims, a property inspection may be required to ensure proper and complete reconstruction of the property. The inspections are obtained for our purposes only. When you contact United Heritage, we will need to review the insurance company's damage assessment/claim documentation and a detailed estimate from the contractor to review the scope of the work. We will also need a copy of the check from the insurance company.
 
If your insurance check exceeds your current outstanding balance, you have the option to pay off the loan. Please submit your written request to pay off your loan along with the fully endorsed check to us. If you have any questions or concerns, give us a call at 512.435.4545, 903.597.7484 or 800.531.2328.

 

What type of property qualifies as collateral on a Home Equity Loan?

Homestead properties, including single-family residences; townhouses; condos; and some owner-occupied, two-unit residences, qualify. Mobile or manufactured homes, unimproved properties or timeshares do not qualify as collateral.

When can I close on a loan?

Texas law mandates Home Equity/HELOC loans cannot close earlier than 12 days after the notice of extension of credit is provided. Loans that are not Home Equity/HELOC cannot close within 7 business days of receipt of the loan estimate. A closed end loan (Non HELOCs) can close 3 business days after the receipt of the Closing Disclosure.

Banking

How do I see what United Heritage’s rates are?

In order to see a full listing of rates for our products and services, please refer to our Rates & Fee Schedule. For information on our loan rates, please contact a loan specialist at 512.435.4444.

Membership/Regular Savings account required. United Heritage Lending Policies apply. Guidelines, terms and conditions apply. Closing costs apply. ***Pay off your loan faster by refinancing the current loan to a shorter term. ****Cash out when refinancing on a primary residence homestead in Texas falls under the Texas 50(a)(6) regulations. NMLS #630601. Licensed Mortgage Loan Originators.